Currency

BNP Paribas Investment Partners granted one of the first RQFII licenses in France and the Eurozone: Providing its clients with the latest investment avenues to China’s Onshore Markets

Border tensions are high, information on the conflict zone is incomplete and misleading, and soft-tone diplomacy is not doing the trick. As conflict resolution remains out of sight, international sanctions against Russia are increasingly likely to continue for longer, translating into higher volatility for Russian assets.

This has been a bleak month for the euro zone. A string of weak data releases, including flat region-wide GDP growth, and a contraction in Germany and Italy (the latter for the second quarter in a row, indicating recession), suggests the recovery not been sustained.

Emerging currencies were under pressure this summer. Save for the Indonesian rupiah, Thai baht, Malaysian ringgit and Chinese yuan, emerging currencies has corrected against the US dollar since 30 June. It is mainly the CEEMEA currencies and, to a lesser extent, Latin American currencies that have underperformed for several reasons...

United First Partners (UFP) is pleased to announce the appointment of Pascal Marionneau as Global Head of the Credit Solutions business line. Pascal will be a Managing Partner and a member of the Executive Board.